Home Financial Top Business & Finance News Headlines For Today, Friday, 7th April, 2023

Top Business & Finance News Headlines For Today, Friday, 7th April, 2023

by Tolulope Akinruli

1. Experts list importance of technology in workplace, people management

Experts have identified the importance of technology as it relates to the development of the workforce and productivity with proper management of people’s skills… Read more

Source: https://guardian.ng/business-services/experts-list-importance-of-technology-in-workplace-people-management/

2. AfDBj appoints Akin-Olugbade as vice president

The African Development Bank (AfDB) has appointed Marie-Laure Akin-Olugbade, a Cameroonian national, as the vice president in charge of the Regional Development, Integration and Business Delivery complex. The appointment is effective from the 1st of April 2023… Read more

Source: https://guardian.ng/business-services/afdb-appoints-akin-olugbade-as-vice-president/

3. How government can eliminate bureaucracy, increase SME funding

Participants at the second edition of the Export to the U.S. Series, a breakfast meeting of the Nigerian- American Chamber of Commerce held in Lagos have stressed the need for government to minimise bureaucracy and bottlenecks associated with the export of finished goods by local firms, especially the Small and Medium Enterprises (SMEs)… Read more

Source: https://guardian.ng/business-services/business/how-government-can-eliminate-bureaucracy-increase-sme-funding/

4. Equities dip further by N14 billion ahead of Easter break

Ahead of the Easter celebration, profit-taking by investors on the Nigerian Exchange Limited (NGX) dragged market capitalisation further by N14 billion, as virtually all the blue-chip companies depreciated yesterday. The all-share index (ASI) fell by 24.84 points, representing a decline of 0.05 per cent, to close at 52,994.13 points… Read more

Source: https://guardian.ng/business-services/equities-dip-further-by-n14-billion-ahead-of-easter-break/

5. ADFI, AFN sign $250,000 support grant for on-line digital hub

The Africa Digital Financial Inclusion Facility (ADFI) and the Africa Fintech Network (AFN) have signed a $250,000 support grant for the smooth operation of an online digital hub project that will serve as a repository of knowledge for fintech entities in Africa… Read more

Source: https://guardian.ng/business-services/adfi-afn-sign-250000-support-grant-for-on-line-digital-hub/

6. Echono implores Buhari to pass Finance Bill 2023 as parting gift to education sector

The Executive Secretary, Tertiary Education Trust Fund (TETFund), Arc. Sonny Echono has just spent one year in office. Yet, his giant strides by way of significant contributions towards repositioning Nigeria’s tertiary education sector speak for themselves… Read more

Source: https://guardian.ng/business-services/echono-implores-buhari-to-pass-finance-bill-2023-as-parting-gift-to-education-sector/

7. Nigeria’s gas network can transport 6.9bn bcf for power – NNPCL

The Nigerian National Petroleum Company Limited says Nigeria’s domestic gas infrastructure network has the capacity to transport 6.9 billion standard cubic feet of gas to support power generation and gas-based industries… Read more

Source: https://punchng.com/nigerias-gas-network-can-transport-6-9bn-bcf-for-power-nnpcl/

8. Less than 7% of African SMEs adopting tech – Report

Despite the vast opportunities for success that access to the internet and technology provides for small businesses in Africa, less than seven per cent of microenterprises use technology for business, a new International Finance Corporation-World Bank research has shown… Read more

Source: https://punchng.com/less-than-7-of-african-smes-adopting-tech-report/

9. Naira lost 10% value in 2022, says World Bank

The naira lost 10.2 per cent of its value in 2022, according to the World Bank. This came as rising food and fuel prices were responsible for high inflation in the country in 2022. The global bank revealed this in its latest Africa’s Pulse report for April 2023… Read more

Source: https://punchng.com/naira-lost-10-value-in-2022-says-world-bank/

10. Fuel marketers, FAAN clash over airport fee, passengers stranded

Fuel marketers and officials of the Federal Airports Authority of Nigeria clashed at the Abuja airport on Thursday over alleged increase of apron access fee by 100 per cent… Read more

Source: https://punchng.com/fuel-marketers-faan-clash-over-airport-fee-passengers-stranded/

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